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PartnerRe restructures; unveils leadership team

PartnerRe has made a series of appointments to coincide with its restructuring into three main business segments: property/casualty, specialty, and life and health. 7 July 2016

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Ironshore appoints facultative property head

Ironshore International has appointed Jörg Eickstädt as head of direct and facultative property, who will be based in London. 7 July 2016

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Harrington raises $600m

Harrington Reinsurance Holdings, along with its subsidiary Harrington Re, has raised approximately $550 million of equity and $50 million of debt, including a $100 million equity investment by a subsidiary of AXIS Capital and an approximately $50 million equity investment by affiliates of The Blackstone Group. 6 July 2016

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XL Catlin names head of specialty reinsurance

XL Catlin’s reinsurance operations has relocated Christophe Chandler from Bermuda to take up the position of head of specialty reinsurance in London. 6 July 2016

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S&P reaffirms IGI performance ratings

Standard & Poor’s Ratings Services (S&P) has reaffirmed the A- financial strength rating for International General Insurance Company Bermuda (IGI). 5 July 2016

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ArgoGlobal names cargo underwriter

Lloyd’s insurer ArgoGlobal, a subsidiary of the Bermuda-based Argo Group, has appointed Darren Long as cargo underwriter, effective immediately. 5 July 2016

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AM Best assigns ratings to Sirius Bermuda

AM Best has assigned a financial strength rating (FSR) of A (Excellent) to Sirius Bermuda Insurance Company, a subsidiary of Sirius Group. 4 July 2016

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Assured Guaranty completes acquisition of CIFG Holding

AGC, a subsidiary of the Bermuda-based insurer Assured Guaranty, has acquired CIFG Holding, the parent of financial guaranty insurer CIFG Assurance North America (CIFG). 4 July 2016

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Beechwood Bermuda renames Old Mutual (Bermuda)

Beechwood Bermuda, a reinsurance and wealth management company, has rebranded one of its subsidiaries, Old Mutual (Bermuda), as Beechwood OMNIA. 1 July 2016

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Partner Re restructures its business lines

PartnerRe, the Bermuda-based reinsurer, has reorganised the structure of the company with the aim of better aligning its expertise with the needs of its client base. 1 July 2016

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